Higher Fuel And Staff Costs To Weigh On Ryanair Profits

[Petar + 76]

Ryanair (RYA.I) expects annual profits to fall for the first time in five years due to higher fuel and staffing costs and flat fares, Europe’s biggest low-cost airline said. However, shares in the Irish company rose more than 5 percent as analysts said its rapid recovery from a rostering crisis that led it to cancel 20,000 flights from September showed any setbacks this year were likely to be short-lived.

[Pavel + 384]

Higher oil prices may lead to "a significant shake-out" in aviation in the coming months and some airlines might not survive. Or, tickets price will rise up

[franco + 96]

Let’s not feel sorry for million dollar airliners  (maybe) going out of business because of higher oil prices.

[damirUSBiH + 327]

There are many airlines with great and competitive prices, who offer jobs and compete with each other. I don’t think the people who travel will be greatly affected at all.

[rainman + 263]

I’m not happy either. Let’s hope our dependence on oil will steady decrease the coming years.